Since 2008, the Spanish Income Tax Law over companies stipulates that any single operation between controlled or related parts has to be accounted for at market prices (arm´s length), and also keep a record of the operations involved and the methods used in their value (master file).
Our work in this field is centered in orientating and advising, where possible, in the evaluation of such related operations, and also recommend the most convenient way, in each case, of applying the law in all the compulsory documents to fulfill in order to avoid any possible fines.